Boeing is merging its space and military aircraft businesses to create a single, $23 billion Integrated Defense Systems business unit, the company announced today. According to a company statement, Jim Albaugh, until now president and chief executive officer of Boeing's Space and Communications business unit, will become president and CEO of Boeing Integrated Defense Systems. The new organization will be headquartered in St. Louis, with 78,600 employees worldwide, the company said. Jerry Daniels, president and CEO of Military Aircraft and...
